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SNB Jordan: Key coronavirus measures are medical and fiscal, not monetary policy

ActionForex
By ActionForex

SNB Chairman Thomas Jordan emphasized today key coronavirus measures “do not come from central banks”. Instead, they come from “medical measures and also from the fiscal side”.

For the central bank, “we have to provide the financial system with enough liquidity to ensure the credit flow to the economy does not dry up…so firms can survive this very difficult situation.”

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